US inflation comes in hot, casting doubt on June Fed rate cut

BrunGa

Active member
US inflation comes in hot, casting doubt on June Fed rate cut The US consumer price index for March stood 3.5 percent higher than a year earlier, as inflation proved stickier than expected. A rate cut from the Federal Reserve, anticipated for June, is now in doubt. Also in this edition: the UN's climate chief calls for a new finance deal for developing countries, saying nations have two years to save the planet.
 
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